Mcgrath Rentcorp (MGRC) Interest Expenses (2010 - 2026)
Mcgrath Rentcorp's (MGRC) quarterly Interest Expenses came in at $7.1 million in Q2 2026, down 8.75% on a YoY basis from $7.8 million in Q2 2025, and up 9.43% quarter-over-quarter from $6.5 million in Q1 2026.
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Analysis
Mcgrath Rentcorp (MGRC) Interest Expenses (2010 - 2026) Analysis & Trends
Mcgrath Rentcorp (MGRC) has reported Interest Expenses for 17 consecutive years, with $7.1 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Expenses fell 8.75% year-over-year to $7.1 million; the trailing twelve-month figure through Jun 2026 stood at $28.3 million (down 24.48% YoY), and the FY2025 full-year result was $30.6 million, down 35.18% from the prior year.
- Interest Expenses rose to $7.1 million in Q2 2026 per MGRC's latest filing, from $6.5 million in the prior quarter.
- Across five years, Interest Expenses topped out at $13.0 million in Q2 2024 and bottomed at $2.3 million in Q1 2022.
- Historically, Interest Expenses has averaged $8.0 million across 5 years, with a median of $8.0 million in 2025.
- The sharpest annual moves came in 2023 and 2025: Interest Expenses surged 309.93% in 2023, then plunged 40.21% in 2025.
- Over 5 years, Interest Expenses stood at $4.2 million in 2022, then jumped by 190.58% to $12.1 million in 2023, then dropped by 26.95% to $8.9 million in 2024, then dropped by 26.71% to $6.5 million in 2025, then advanced by 9.57% to $7.1 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $7.1 million, $6.5 million, and $6.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 30.16 Bn | 30.13 Bn | 1.25 Bn | - |
| 2 | Herc Holdings | 4.52 Bn | 4.48 Bn | 713.00 Mn | - |
| 3 | EquipmentShare.com | 3.88 Bn | 3.43 Bn | 411.00 Mn | 73.00 Mn |
| 4 | WillScot Holdings | 3.29 Bn | 3.29 Bn | 306.26 Mn | - |
| 5 | Mcgrath Rentcorp | 2.71 Bn | 2.71 Bn | 107.91 Mn | 7.11 Mn |
| 6 | Target Hospitality | 2.13 Bn | 2.12 Bn | 15.80 Mn | 730,000.00 |
| 7 | Custom Truck One Source | 2.12 Bn | 2.11 Bn | 123.97 Mn | - |
| 8 | NPK International | 1.08 Bn | 1.07 Bn | 30.16 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.11 Mn |
| Mar 31, 2026 | 6.50 Mn |
| Dec 31, 2025 | 6.49 Mn |
| Sep 30, 2025 | 8.18 Mn |
| Jun 30, 2025 | 7.80 Mn |
| Mar 31, 2025 | 8.16 Mn |
| Dec 31, 2024 | 8.86 Mn |
| Sep 30, 2024 | 12.64 Mn |
| Jun 30, 2024 | 13.04 Mn |
| Mar 31, 2024 | 12.70 Mn |
| Dec 31, 2023 | 12.13 Mn |
| Sep 30, 2023 | 11.03 Mn |
| Jun 30, 2023 | 9.95 Mn |
| Mar 31, 2023 | 7.46 Mn |
| Dec 31, 2022 | 4.17 Mn |
| Sep 30, 2022 | 3.36 Mn |
| Jun 30, 2022 | 2.43 Mn |
| Mar 31, 2022 | 2.28 Mn |
| Dec 31, 2021 | 1.04 Mn |
| Sep 30, 2021 | 3.17 Mn |
API Access
Mcgrath Rentcorp Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=MGRC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "MGRC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=MGRC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();